Inflation Is Not Caused By The Actions Of Private Citizens

“Inflation is not caused by the actions of private citizens, but by the government: by an artificial expansion of the money supply required to support deficit spending. No private embezzlers or bank robbers in history have ever plundered people’s savings on a scale comparable to the plunder perpetrated by the fiscal policies of statist governments.”

It’s not an easy question to answer Thomas. If we could get a substantial majority of “Libertarians” in Congress, I think we could abolish The Federal Reserve. But, as long as we have this current class of politicians, I don’t see much deviation from the statist-, I mean, status-quo. Sadly!